Office

New Jersey’s office market is evolving by the day, but this fact remains: The state’s location and educated workforce make it a highly desirable place for tenants of all shapes and sizes.

Office
SJP tops out new Valley headquarters project in Morristown, eyes spring 2023 delivery

Valley National Bank’s new headquarters in Morristown is on track to open next spring after the completion of vertical construction at the downtown site, its developer announced Wednesday.

People
Bergman names new director of acquisitions

Bergman Real Estate Group has announced a new hire to spearhead acquisitions activity and expand its portfolio across a variety of asset classes.

Health Care & Education
NAI Hanson: Orthopedic, physical therapy practice takes 7,300 sq. ft. in Paramus

An orthopedic and physical therapy practice has leased nearly 7,300 square feet of medical office space in Paramus, brokers with NAI James E. Hanson said Tuesday.

Office
Law firm focused on private CRE lending buys Marlboro building for new headquarters

A law firm is moving its Monmouth County headquarters after acquiring a 20,000-square-foot office building in Marlboro.

Office
NAI Hanson negotiates sale of office, retail portfolio in Bergenfield

NAI James E. Hanson has negotiated the sale of a nearly 31,000-square-foot mixed-use portfolio of commercial properties in Bergenfield.

Government & Public Policy
Russo, Onyx and Terminal to lead transformation of NJ Transit’s Metropark station

State officials have picked Russo Development, Onyx Equities and Terminal Construction to spearhead a project that would reshape NJ Transit’s busy Metropark station in Woodbridge.

People
NAI Hanson promotes three brokers to associate vice president

By Tina Traster NAI James E. Hanson has promoted Justin Allessio, William Ericksen and Andrew Kirshenbaum to the role of associate vice president, the Teterboro-based firm announced. The company said that, since joining NAI Hanson in winter 2017, Alessio has…

Office
AT&T leases 230,000 sq. ft. in Bedminster, plans move from iconic office campus

AT&T has signed a new lease at a 230,000-square-foot office property in Bedminster, reportedly with plans to relocate employees from its massive campus in township.

Office
Saxum sells repositioned Montclair office building for $4.4 million

Saxum Real Estate has sold a boutique office building in downtown Montclair for $4.4 million, in a recently completed deal by Marcus & Millichap.

Health Care & Education
Larken Associates inks expansion for pediatric dental office near Princeton

A child dental practice has expanded its footprint at a Montgomery office park as part of a recent lease with Larken Associates.